Anand Rathi vs Marwadi Shares Comparison: 2024
About Anand Rathi
Named after the Founder himself, Anand Rathi is one of the pioneers of stockbrokers in India. It has managed to outrank several competitors over the years and maintain its position as one of the top and most-sought-after stockbrokers. The company is a complete financial solution including services ranging from asset management to insurance and stock trading. Anand Rathi's PAN-India and tech-savvy operations makes them stand out of crowd. They have bagged several awards for the same in the past decades.
Anand Rathi: An Overview
The Anand Rathi is a full-service brokerage firm offering insightful research and advice to the traders and investors. Based in Mumbai, the company is a public sector company i.e. listed on the stock exchange. It is spread through a network of 350 branches and more than 1500 franchises in India and some parts of Dubai and Bangkok. They soon aim to expand their global position.
Founded in 1994
About Marwadi Shares
Marwadi Shares and Finance Ltd. is a financial service provider company operating in the financial markets for almost 3 decades. This full-service brokerage company is one of the leading in India that has been ranked amongst the top 10 in the BSE ratings multiple times.
Marwadi Shares: Overview
Marwadi Shares is a Gujarat based broking firm facilitating broking as well as Wealth management services. They are spread across 104 branches nationwide and employ more than 1400 authorized sub-brokers assisting a client base of 4 lakh plus. Founded in 1992 by Pranav M. Shah, Marwadi Shares and Finance Ltd. is affiliated and licensed to trade in NSE, BSE, NCDEX, MCX security exchanges. The company is also a Depository Participant of NCDL and CDSL.
It facilitates trading in a wide segment of securities ranging from equity, derivatives, currency to mutual Funds, and insurance. They cater to the needs of retail as well as an
Anand Rathi vs Marwadi Shares Account Opening Charges: 2024
| Charge | Anand Rathi | Marwadi Shares |
|---|---|---|
| Demat Account Opening Charges | ₹550 (One time) | ₹0 |
| Trading Acc Opening Charges | ₹750 (One time) | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹299 from second year onward | ₹450 per year or one time fee of ₹2500 |
Anand Rathi vs Marwadi Shares Brokerage Charges and Plans : 2024
| Charge | Anand Rathi | Marwadi Shares |
|---|---|---|
| Plan Name | Standard Plan | N/A |
| Equity Delivery | 0.5% - 0.15% | 0.30% |
| Equity Intraday | 0.05% -0.015% | 0.06% |
| Equity Futures | 0.05% -0.015% | 0.02% |
| Equity Options | ₹75 to ₹20 | ₹100 per lot |
| Currency Futures | 0.05% -0.015% | 0.02% |
| Currency Options | ₹75 to ₹20 | ₹100 per lot |
| Commodity Options | 0.008% - 0.05% | 0.02% |
| Mutual Fund | N/A | N/A |
Anand Rathi vs Marwadi Shares Margin / Exposure: 2024
| Segment | Anand Rathi | Marwadi Shares |
|---|---|---|
| Equity Delivery | N/A | N/A |
| Equity Intraday | N/A | N/A |
| Equity Future | N/A | N/A |
| Equity Options | N/A | N/A |
| Currency Future | N/A | N/A |
| Currency Options | N/A | N/A |
| Commodity Future | N/A | N/A |
| Commodity Options | N/A | N/A |